Praful Mangesh Adsule
Research Analyst Assistant Vice President
Thane
Summary
NISM Certified Research Analyst with over 12 years of experience in the consulting & finance industry, which includes requirements elicitation, Investment Banking Operations, Trade Life Cycle, requirement analysis and documentation. Strong analytical and communication skills and People Management. Excellent at presenting ideas in PowerPoint.
Overview
12
12
years of professional experience
1
1
Certification
2
2
Languages
Work History
Assistant Vice President, Operations
Tortuga Wealth Managers PVT LTD,Sub Companies, Securecap Securities LTD And Rabbit Research PVT LTD
Mumbai
07.2020 - Current
- Managing International & Domestic Indian Middle Office Trade Support operations comprising of direct & indirect communication with HNI Clients & Independent Brokers
- Risk and Compliance Officer for RBI and SEBI regulations Role involves analysis & solving of moderate to complex problems value adding, creating new solutions, leveraging & where needed adapting existing methods & procedures for operational efficiencies
- Initial client KYC checking and account setup MT5 trading Platform for Securcap Securities as a Broker Managing Trades reconciliations on day-to-day basis executed on MT5 Platform Keeping track on MTM, Swaps, Cost Brokerage, NSE PE Ratio analysis Sending customised Weekly, monthly, quarterly, yearly and since SIC MT5/MT4 based reports as a Process and as per the request Updating MT5 platform with latest Swaps, Commissions shared by Broker also considering our leverage while updating the same Creating new Sub Trading account/Activation/Deactivation of accounts on MT5 Platform System Development and UAT Testing Heading Trade Advisory business operations Keeping a track on inhouse developed Algo based Nifty 50 Index future/options trades and communicate it to clients for self execution Managing Multiple client accounts with different capital size exclusively for Algo based Nifty 50 future/Option trade
Assistant Manager
Edelweiss Securities Ltd
Mumbai
12.2015 - 07.2020
- International Middle Office Trade Support, Leading & Managing International Middle Office Trade Support Function Of Treasury Operations comprising of direct & indirect subordinate reportee’s, authority & responsible for key decisions related to process & people Performing Daily Pricing / Valuation of the Equity Stocks, Index Options, Index Future & NDF Trades including
- Reconciliation of Trades / MTM with the Broker Statement Leading the Middle Office Operation Projects of creating in house trading platforms / operation system for Trading and
- Reporting as Business Analyst Responsible & Authority for process improvement initiatives such as updating SOP,Checklist,Process Notes & SLA, setting and maintaining CTQ (Critical to Quality) / CTP (Critical to Process) to improve process efficiency & cost saving for the firm Spearheading Teams responsible for managing entire trade life cycle of International Middle Office handling above mentioned Exchange- Equity/Derivatives & OTC- NDF/NDFO/DF, CFD & Equity ADR trades executed in International markets by Proprietary Discretionary Trading Team operating from Mumbai, Singapore & Dubai
- NDF Fixing date US holiday Check Maintaining the Tracker of Collateral Management & for all the Trade Positions held by the Trader and expiring the
- NDF Deals on Fixing Date, followed by the Settlement process on Value Date and agreeing on the Cash Flow with the
- Broker Maintaining the Tracker for all Corporate Action, taking place on daily basis in the market T+0, T+1, T+2 Trade Position, MTM, Cost, Settlement, Margin, Bank Swift Transfers, Deal Confirmation, Regulatory
- Reporting, Risk – compliance and Reconciliation Preparation of the Trade Sheet for the Trades done by the Traders UAT Testing for system under development Conducting meetings within the LOB for Process Improvement & Enhancement
Senior Financial Analyst
Eclerx Services LTD, Navi
Mumbai
12.2011 - 12.2015
- International trade T+1 reconciliation, Preparing wealth Management report Monthly/Quaterly/Yearly & since SIC for
- HNI Clients
- Capturing data from client systems to our system
- Processing the captured deals and contracts
- Reconcile data against standards using custom-built tools and product & reference data
- Resolving Out of balance in trades related discrepancies in system generated due to missflow of data from trading platform
- Identifying and correcting transaction type in our system where Income is incorrectly tagged as Deposit which resultes accurate generation of client Investment report through system
- Thoroughly checking Client reports for any abnormal numbers/comparing with set benchmarks before sharing it Client
- Updating Client’s Third-Party Statements (including Assets held by him personally) in the Reporting system with a motive of providing a consolidated wealth management report to the client that gives him an overview of his net worth
- Preparing daily, weekly and monthly reports including resource utilization (RU) calculation, analyst level quality & quantity (QQ), AHT analysis & revise, SLA drafting, SOP & BPD update as per requirement and training documents for new recruits
- Contributing in preparation of Monthly Business Review (MBR) report, presented to Clients by Team Leads or myself incase of absence of team leads
- Understanding client needs and solve business problems by custom designing data processes, assembling a delivery team comprising generalists and domain specialists to integrate the eClerx process with client internal systems and processes
- Driving automations in process to reduce/eliminate non value-added time and improve quality which majorly includes implementing excel macros and shortcuts
- Training and mentoring of new recruits
- The job profile emphasizes working in a project-driven environment with high importance attached to teamwork and adhering to deadlines for efficient execution of projects
Education
Master of Business Management - Finance
Sikkim Manipal University
Bachelor of Commerce - Accounts & Finance
University of Mumbai
Skills
A quick learner with sound analytical skills and strong decision-making skillsTeam Management and TrainingsRisk and Compliance Operations ( RBI, SEBI, Exchange Regulations)Excellent communicator and an effective team player with an eye for detailsChallenging environmentT0, T1, and T2 Trade reconciliation, confirmations, and settlement specialist (CFD, SWAPs, Equity, FX, OTCExchange, Bond, Derivatives; MTM, Position, PnL, Margin, Cost, Cash and Collateral)Business Analyst for Use Case Development, UAT, BRD, SOP and System development TestingNostro Account SWIFT transfers and Bank ReconciliationKYC, CDD, AML & On boarding Client ServicesMT4, MT5 Trading tools managementProficiency in Candle Stick Chart analysis, Resistance/Support/Spreads/Margin/Volume/Multiple necessary tradeIndicators & Forex CFD B Book TradingMS Office: Excel, Word, Power Point, VisioTechnical SkillsNISM Equity Derivatives (Dealer’s Module) (2015)NISM Series XV Research Analyst Certification (2022)Date of Birth: 13th June 1989Hobbies: Driving, Bike Riding, Watching Movies
Certification
CRA - Certified Research Analyst
Timeline
CRA - Certified Research Analyst
03-2022
Assistant Vice President, Operations
Tortuga Wealth Managers PVT LTD,Sub Companies, Securecap Securities LTD And Rabbit Research PVT LTD
07.2020 - Current
Assistant Manager
Edelweiss Securities Ltd
12.2015 - 07.2020
Senior Financial Analyst
Eclerx Services LTD, Navi
12.2011 - 12.2015
Master of Business Management - Finance
Sikkim Manipal University
Bachelor of Commerce - Accounts & Finance
University of Mumbai